INDIA, CHINA DISCUSS OIL BUYERS CLUB
(THE HINDU, PAGE 15)
Group of oil
producing
nations
Reducing the
production to
increase the
prices
Collective
power to dictate
terms
OPEC
OPEC
Supplies 60% of
India's crude oil
demand
Indian
Stance
Diversifying-
buying more
crude from US
Oil Buyer's club
ACADEMY

What is Oil Buyers Club?
Why?
A group oaf Oil importing hationSTo have collective bargain power
Proposed by India
To include - China, Japan and
South Korea
. Bulk purchasers
MUDIT'S MAGAZINE UNACADEMY

BHARAT-22 ETF OFFER TO OPEN ON JUNE 19
(THE HINDU, PAGE 15)
What is Bharat-22? Why ?
What is ETF?
. Basket of securities
. Traded together on the
Exchange Traded Fund ofTo disinvest in the PSU's
the Government of India
To raise capital
exchange
MUDIT'S MAGAZINE -UNACADEMY

PRABHU'S VISIT FAILS TO RESOLVE ISSUES
(THE HINDU, PAGE 14)
What is Data
Localization ?
India-US trade
Price Control
ISsUes
Data Localization
requirement by RBI
Collect all the data of
Indians in India only
Price Control on medical
devices made by US
companies
Maximum ceiling has
been imposed
Process that in India
India's case against
You cannot take that out

SAUDI-LED COALITION LAUNCHES ATTACK ON
YEMEN'S PORT CITY (THE HINDU, PAGE 14)
What is the
issue of Yemen?
Mansour Hadi
Government
Saudi Arabia
Along with its
allies - such as
UAE, Kuwait
. Mansour Hadi
Government
. Replaced by
Houthis
Sunni
. Backed by
. Launched
attack on
Yemen
Saudi Arabia

Between Iran
and Saudi led
forces
. An ethnic group
of Yemen
Shia Muslims
. Backed by Iran
Who are Cold
Houthis
2
war
Saudi
led
Iran
forces wants
. Mansour Hadi
. Houthis to come
to power